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Pacific Fibre
Pacific Fibre is a New Zealand-based company that proposed to build a trans-Pacific undersea communications cable that was to have competed with the Southern Cross Cable operated by Telecom New Zealand. The cable would have totalled 12,750 km (7,920 miles) in length, and the initial investment was projected to be US$350 million. Customers included Vodafone New Zealand, Australian ISP iiNet, and the Kiwi Advanced Research and Education Network in New Zealand. Routes *Auckland Sydney *Auckland Los Angeles Pacific Fibre cable history In July 2011, Pacific Fibre selected TE SubCom, a TE Connectivity company, to deploy the cable. Marine route surveys began after permitting studies for California and Australia were completed in March 2012. In April 2012, a US customer agreed to purchase connectivity services. Fundraising for the project was scheduled to complete in June 2012. On August 1, Pacific Fibre announced they were unable to secure sufficient investment and the planne ...
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Tbit/s
In telecommunications, data-transfer rate is the average number of bits (bitrate), characters or symbols (baudrate), or data blocks per unit time passing through a communication link in a data-transmission system. Common data rate units are multiples of bits per second (bit/s) and bytes per second (B/s). For example, the data rates of modern residential high-speed Internet connections are commonly expressed in megabits per second (Mbit/s). Standards for unit symbols and prefixes Unit symbol The ISQ symbols for the bit and byte are ''bit'' and ''B'', respectively. In the context of data-rate units, one byte consists of 8 bits, and is synonymous with the unit octet. The abbreviation bps is often used to mean bit/s, so that when a ''1 Mbps'' connection is advertised, it usually means that the maximum achievable bandwidth is 1 Mbit/s (one million bits per second), which is 0.125 MB/s (megabyte per second), or about 0.1192 MiB/s (mebibyte per second). The Institu ...
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Mark Rushworth
Mark may refer to: Currency * Bosnia and Herzegovina convertible mark, the currency of Bosnia and Herzegovina * East German mark, the currency of the German Democratic Republic * Estonian mark, the currency of Estonia between 1918 and 1927 * Finnish markka ( sv, finsk mark, links=no), the currency of Finland from 1860 until 28 February 2002 * Mark (currency), a currency or unit of account in many nations * Polish mark ( pl, marka polska, links=no), the currency of the Kingdom of Poland and of the Republic of Poland between 1917 and 1924 German * Deutsche Mark, the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002 * German gold mark, the currency used in the German Empire from 1873 to 1914 * German Papiermark, the German currency from 4 August 1914 * German rentenmark, a currency issued on 15 November 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany * Lodz Ghetto mark, a special currency for Lodz Ghetto. * R ...
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Valar Ventures
Valar Ventures is a US-based venture capital fund founded by Andrew McCormack, James Fitzgerald and Peter Thiel. Historically, the majority of the firm's investments have been in technology startups based outside of Silicon Valley, including in Europe, the UK, the US and Canada. Valar Ventures originally spun out of Thiel Capital, Peter Thiel's global parent company based in San Francisco, and is now headquartered near Madison Square in Manhattan. The firm's namesake is the Valar of J. R. R. Tolkien's legendarium, who are god-like immortal spirits that chose to enter the mortal world to prepare it for their living creations. Andrew McCormack and James Fitzgerald are the managing partners of the firm. Investments Valar was notably the first venture fund to invest in Xero. The fund made its initial investment in Xero in October 2010 at a valuation of approximately $98 million. Since then, the firm has spearheaded successive rounds of investment in the company and Xero's market c ...
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PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ...
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Peter Thiel
Peter Andreas Thiel (; born 11 October 1967) is a German-American billionaire entrepreneur, venture capitalist, and political activist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. , Thiel had an estimated net worth of $7.19 billion and was ranked 297th on the Bloomberg Billionaires Index. He worked as a securities lawyer at Sullivan & Cromwell, as a speechwriter for former U.S. Secretary of Education William Bennett and as a derivatives trader at Credit Suisse. He founded Thiel Capital Management in 1996. He co-founded PayPal with Max Levchin and Luke Nosek in 1998, serving as chief executive officer until its sale to eBay in 2002 for $1.5 billion. After PayPal, he founded Clarium Capital, a global macro hedge fund based in San Francisco. In 2003, he launched Palantir Technologies, a big data analysis company, serving as its chairman since its inception. In 2005, he launched Founders Fund with PayPal partn ...
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The Warehouse Group
The Warehouse Group (TWG) was founded by Stephen Tindall in 1982, and is the largest retail group operating in New Zealand. It is a corporate group that consists of The Warehouse, Warehouse Stationery, Torpedo7, Noel Leeming, 1-day and TheMarket. History The first Warehouse group store opened in North Shore, New Zealand, North Shore, Auckland in 1982. In 1994, Warehouse was added to the New Zealand Exchange, under the symbol TWH. In 1996, a distribution centre opened on the North Island. In 2000, it was added to the NZSE 10 index. Also in 2000, the group acquired Clint's Crazy Bargains and Silly Solly's in Australia. In 2003, the Warehouse Australia brand was launched. In 2005, a lab store launched in the Hamilton suburb of The Base (shopping centre), Te Rapa. That same year, the Warehouse brand was relaunched with new lower-case logo, announced its plan to enter the liquor market and that it would end operations in Australia by Christmas. In 2005, Warehouse Australia was sold ...
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Stephen Tindall
Sir Stephen Robert Tindall (born May 1951) is the founder of New Zealand retailer The Warehouse, The Warehouse Group, and the Tindall Foundation. Early life and education Tindall attended Takapuna Grammar and has a Diploma of Management from the Auckland Institute of Technology. Business career Tindall founded The Warehouse in 1982 after 12 years with retailer George Court & Sons as Merchandise Director and Farmers retailer. He held the position of Loss Prevention Manager of The Warehouse until January 2001, when he became known as the Founder. In 2009 The Warehouse Group had sales of NZ$1.72 billion. In 2018, The Warehouse Group had 251 stores throughout New Zealand, The Warehouse, Warehouse Stationery, Noel Leeming, Torpedo7 and TheMarket stores. Philanthropy In 1995 Tindall and his wife, Margaret, set up The Tindall Foundation to provide help to New Zealanders in need. Honours and awards ''The New Zealand Herald'' named Tindall their Business Person of the Year for 1997, a ...
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Hoyts
The Hoyts Group of companies in Australia and New Zealand includes Hoyts Cinemas and Val Morgan. Hoyts operates more than 450 cinema screens and 55,000 seats, making it Australia's second largest movie exhibitor after Event Hospitality & Entertainment. Val Morgan sells advertising on cinema screens and digital billboards. In 2015, the majority of Hoyts was acquired by a Chinese conglomerate, the Wanda Group. In Argentina by Cinemark. In Chile it was acquired by Cinépolis, and in Uruguay by Life Cinemas. History 1909 - 1930: At the start of the 20th century, dentist Arthur Russell bought a share in a small touring tent show incorporating magic and moving pictures. Russell also performed shows at St George's Hall in Bourke Street, Melbourne, and in 1909 moving pictures was the only attraction. Russell eventually negotiated a long lease for St George's Hall with the purpose of opening a Picture Palace called Hoyt's Pictures. By the time he died at the end of World ...
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David Kirk
David Edward Kirk (born 5 October 1960) is a former New Zealand rugby union player. He is best known for having been the captain of the All Blacks when they won the inaugural Rugby World Cup in 1987. Early years Kirk was born in Wellington and grew up in Palmerston North. He was educated at Russell Street School, Wanganui Collegiate School, and the University of Otago, where he graduated with a medical degree MB ChB. Rugby union career Kirk played domestic rugby for Otago and Auckland, and first toured with the All Blacks in 1983. He stood out from his fellow players as "urbane, articulate and thoughtful," and when the planned 1986 All Black tour to South Africa was cancelled David and John Kirwan were the only two players to refuse to join the rebel "Cavaliers" team on moral grounds—he felt that it would give comfort to the apartheid regime. With the rebels banned from playing in the next two All Black test he captained the so-called " Baby Blacks". On the return of the r ...
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Xero (software)
Xero is a New Zealand-based technology company that provides cloud-based accounting software for small and medium-sized businesses. The company has offices in New Zealand, Australia, the United Kingdom and the United States. Xero's products are based on the software-as-a-service model and sold by subscription, based on the type and number of entities managed by the subscriber. The products are used in over 180 countries. History In 2006, Xero was founded by Rod Drury and Hamish Edwards in Wellington, where Xero Limited's headquarters are still located. The company was originally called Accounting 2.0. By 2017, Xero had more than one million customers globally, and the following year, it had more than one million subscribers in Australia and New Zealand. In April 2018, Steve Vamos was appointed as CEO, replacing Rod Drury who remained on the board as a non-executive director. Vamos announced in November 2022 that he would step down in February 2023 and be replaced by Sukhinder ...
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Rod Drury
Rodney Kenneth Drury (born 1966) is a New Zealand technology entrepreneur, predominately known for his association with accounting software company, Xero (software), Xero. Drury was CEO of Xero until 2018, after founding the company in 2006. Drury made his initial fortune through Glazier Systems, a New Zealand software development and consulting company, which was sold in 1999. He subsequently established Context Connect and an email technology company called Aftermail. He is a former director of Trade Me, and was involved in the now-defunct Pacific Fibre project. Early life Drury is the son of a tradesman and an executive assistant and grew up in Hawke's Bay. He is reported to have Māori people, Māori heritage, with his father tracing a lineage to Ngāi Tahu. Drury attended Napier Boys' High School, which is where he says he developed an interest in computer programming, before going on to study commerce and administration at Victoria University of Wellington. After univer ...
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